According to the public record, 7, High Street, Colne is a mid-century apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
High Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
7, High Street, Colne has no records in the Land Registry database and a single entry in the EPC database dated October 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 High Street Colne as £80,624 and the rental value as £416 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 7 High Street Colne has increased by £2,591 (3.2%) and its rental value has decreased by £3 per month (0.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, High Street, Colne is in very good condition we estimate a sale value of £84,656 and rental value of £437 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,981 and a rental value of £387 per month.
If you were able to purchase this property for the estimated value of £80,624, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £396 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 7, High Street, Colne within a radius of 440 metres over the last 2 years.
The most recent example is Flat 11, Ivegate Mews, Ivegate, Colne, BB8 9DH, a Leasehold flat which sold for £77,000 in Jun 2013.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Colne, BB8 has a total of 36 addresses. According to our analysis of all the public data, 7, High Street, Colne is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in BB8.
7, High Street, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 7, High Street, Colne is Colne station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, High Street, Colne, 52.3% of property is socially rented and 31.6% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, High Street, Colne, 12.5% of residents are recorded as possessing school level qualifications and 17.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, High Street, Colne, the average age was 43.8 and the most common age was 62.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, High Street, Colne, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, High Street, Colne, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.